Polymarket is the latest organization to challenge Minnesota’s ban on prediction markets in federal court.
Polymarket has filed a lawsuit against Minnesota in the U.S. District Court for the District of Minnesota. The complaint for injunctive relief includes Minnesota Gov. Tim Walz and Attorney General Keith Ellison as defendants. Polymarket alleges that the ban on prediction markets is unconstitutional and seeks to overturn it.
Global prediction market platform ADI Predictstreet and sportsbook technology provider FIRST.bet have partnered to expand regulated prediction markets across Latin America.
The Inter-Tribal Council of the Five Civilized Tribes (ITC) has adopted a resolution calling on Congress and federal regulators to protect tribal sovereignty from prediction markets such as Kalshi and Polymarket.
The New York Lottery unveiled yet another scratch-off winner, this time from Cheektowaga.
The Commodity Futures Trading Commission (CFTC) is investigating after Kalshi personnel admitted that President Donald Trump’s teleprompter operator won around $100,000 trading on Kalshi on what Trump’s speeches would include.
